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My Forex Funds - Discussion/Q&A

  • #41
  • Jan 25, 2021 2:11pm Jan 25, 2021 2:11pm
Quoting Cchevaughn
{quote} You can disable the consistency only con is that you would get pay outs every month instead of every 2 weeks.
Ok. That's good to hear. I do not have an issue being paid once a month. I will definitely do that. Thanks for shading the light.
  • #42
  • Jan 25, 2021 9:27pm Jan 25, 2021 9:27pm
Quoting Cchevaughn
{quote} You can disable the consistency only con is that you would get pay outs every month instead of every 2 weeks.
As you may have already read, there is an option of "no-consistency" rule. You can visit our website for more details or email us at [email protected]
  • #43
  • Feb 15, 2021 7:58pm Feb 15, 2021 7:58pm
Recently, we have been asked a lot about our program and rules and how they fare against our competition. You be the judge!
Attached Image (click to enlarge)
Click to Enlarge Name: project-2021-02-15_20-02_PM.png Size: 458 KB
  • #44
  • Feb 19, 2021 10:58am Feb 19, 2021 10:58am
Hello,

Congratulations for keeping an opened manner discussion with the community.

Do you have any plans in the foreseeable future of adding EUR as currency beside USD ? Especially at the withdrawal part, USD is pretty expensive to withdraw if it is by wire, only by ACH it seems to be free, verified with Transferwise as well.

Thank you.
Living the way my older self would have wished for my younger self. RazvanI
  • #45
  • Feb 19, 2021 11:08am Feb 19, 2021 11:08am
Quoting Razvan.I
Hello, Congratulations for keeping an opened manner discussion with the community. Do you have any plans in the foreseeable future of adding EUR as currency beside USD ? Especially at the withdrawal part, USD is pretty expensive to withdraw if it is by wire, only by ACH it seems to be free, verified with Transferwise as well. Thank you.
Hello Razvan,

Thank you for your inquiry. On a case by case basis, we do offer our traders to withdraw in EUR.
At the end of the day, we want to be as flexible for our traders as possible.

You are more than welcome to ask further questions here or by emailing us at [email protected]

MyForexFunds
  • #46
  • Feb 19, 2021 11:44am Feb 19, 2021 11:44am
Thank you for you prompt reply.

Considering I have an account with you in usd and I am eligible for a withdrawal, how will the conversion usd/eur occur ?
Living the way my older self would have wished for my younger self. RazvanI
  • #47
  • Feb 19, 2021 12:24pm Feb 19, 2021 12:24pm
Quoting Razvan.I
Thank you for you prompt reply. Considering I have an account with you in usd and I am eligible for a withdrawal, how will the conversion usd/eur occur ?
Kindly email us at [email protected].
We will check your account and let you know about the conversion and methods of withdrawl

Thanks!
  • #48
  • Mar 22, 2021 8:48am Mar 22, 2021 8:48am
Hello,

Please clarify something about the new model challenges, 12% overall drawdown of the original account balance (i.e. 100k, so no more than 12k under / 88k balance), or 12% of starting balance that raises with daily profit if applicable ?


Thank you.
Living the way my older self would have wished for my younger self. RazvanI
  • #49
  • Mar 22, 2021 1:23pm Mar 22, 2021 1:23pm
Quoting Razvan.I
Hello, Please clarify something about the new model challenges, 12% overall drawdown of the original account balance (i.e. 100k, so no more than 12k under / 88k balance), or 12% of starting balance that raises with daily profit if applicable ? Thank you.
Hello Razvan,

12% is overall - 88K as you mentioned. There is a 5% daily DD that you have to be mindful about as well. Thanks!
  • #50
  • Mar 26, 2021 7:39am Mar 26, 2021 7:39am
Hey, ever since you guys launched this new model. Your response to email is verrrryyyyyy sloooowwwwwww. And my questions/request about withdrawal, has been sloooowwwwww as welllllll. Nice new model, but it seems service laggged big time.

Thanks,
  • #51
  • Mar 26, 2021 8:06am Mar 26, 2021 8:06am
Quoting maflip
Hey, ever since you guys launched this new model. Your response to email is verrrryyyyyy sloooowwwwwww. And my questions/request about withdrawal, has been sloooowwwwww as welllllll. Nice new model, but it seems service laggged big time. Thanks,
Much more polite than i expected Lol.
  • #52
  • Mar 27, 2021 12:24pm Mar 27, 2021 12:24pm
Quoting maflip
Hey, ever since you guys launched this new model. Your response to email is verrrryyyyyy sloooowwwwwww. And my questions/request about withdrawal, has been sloooowwwwww as welllllll. Nice new model, but it seems service laggged big time. Thanks,
The guys in the chat have said like 100 times for people to be emailing [email protected] if there is any issue/delays. They did say all payments will be out this weekend as well. So your choice to wait or contact obviously.
  • #53
  • Mar 27, 2021 1:48pm Mar 27, 2021 1:48pm
Hello all!

As Ben and team may have communicated, we did double our team size in just 2 weeks. The new teammates are being trained and getting ready to support all incoming inquiries and outgoing emails. The lag that you mention is temporarily there and we expect to have all members of MFF up and running in the next couple of days.

Our promise is this that we will continue to grow until we can meet the demand of our traders and ensure their needs are met.

This feedback is valuable to us so keep it coming.

Thanks
  • #54
  • Mar 27, 2021 9:49pm Mar 27, 2021 9:49pm
To be fair, they did reply to my queries on Instagram and even sent me a DM this weekend.

I've decided to give them the benefit of my doubt (the SKLearn episode notwithstanding).

Crossing my fingers they don't disappoint!
Amor Fati--F. Nietzsche
  • #55
  • Apr 3, 2021 4:00pm Apr 3, 2021 4:00pm
please can your company create a dashboard to monitor trading activities and also offer free trials with the broker we would be using for the evaluations phases to foster familiarity with the spreads except you are your own broker in any case a trial would be appreciated on our own platform
  • #56
  • Apr 3, 2021 4:09pm Apr 3, 2021 4:09pm
Quoting FX.PipEngine
please can your company create a dashboard to monitor trading activities and also offer free trials with the broker we would be using for the evaluations phases to foster familiarity with the spreads except you are your own broker in any case a trial would be appreciated on our own platform
They have a dashboard already. Its a pretty good one.
  • #57
  • Apr 4, 2021 8:50am Apr 4, 2021 8:50am
i had read somewhere that their payment and withdrawal system is not yet automatic dont know how true this is but what i would just say is that by the time the number off applicants start increasing there would be issues...talking from experience
  • #58
  • Apr 10, 2021 9:06pm Apr 10, 2021 9:06pm
Quoting Takisd
{quote} They have a dashboard already. Its a pretty good one.
I agree that the dashboard is quite good (in contrast, CTI still doesn't even have one despite being much older than MFF).

I notice though that the log-on page is not secure. This needs to be fixed asap, don't you guys think?

Can you also clarify if after passing the Evaluation, traders will actually trade live? Or will they continue on demo-- with trades mirrored in a live account per the FTMO model?
Amor Fati--F. Nietzsche
  • #59
  • Apr 10, 2021 10:12pm Apr 10, 2021 10:12pm
Quoting doji
{quote} I agree that the dashboard is quite good (in contrast, CTI still doesn't even have one despite being much older than MFF). I notice though that the log-on page is not secure. This needs to be fixed asap, don't you guys think? Can you also clarify if after passing the Evaluation, traders will actually trade live? Or will they continue on demo-- with trades mirrored in a live account per the FTMO model?
from my understanding its live.
  • #60
  • Apr 18, 2021 9:40pm Apr 18, 2021 9:40pm
Been wondering about MFF's take on the following assertions made by Funding Talent founder Jessica Ghaney in her court affidavit:

a. the Company is an online pay-to-play learning platform for Members who want to play and learn about retail investing;
b. none of the Accounts contain real dollars and no funds are ever deposited or withdrawn from the Accounts;
c. Members who play within the Rules set by the Company and generate fictitious profits are paid a “Talent Bonus” which is paid from revenue generated through subscription fees;
d. the real accounts do not contain real dollars. They are also simulated accounts and there is no real trading conducted in these accounts;
e. Members using any type of account are never in the real market;
f. Members are never provided with real money in which to trade and all trades are conducted on demo accounts offered by brokerages that the Company has chosen;
g. for a subscription fee, a Member has access to what is akin to “monopoly money” to trade with on a simulated market; and
h. there is no “profit sharing” of any proceeds from any real world trades. A member can earn credits and take a portion of those credits out as cash which is funded through subscription fees collected from other Members.”

https://nssc.novascotia.ca/sites/def...20Decision.pdf
Amor Fati--F. Nietzsche
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